XRP Lawsuit: US SEC Claims Supreme Court Ruling Won’t Help Ripple; What’s Next?
XRP Lawsuit News: U.S. Securities and Exchange Commission (SEC) filed its reply to the Ripple Defendants’ letters filed in the District Court regarding Supplemental Authority From the Bittner and Voyager cases. It is expected that Ripple’s last filings in the XRP lawsuit might play a vital role in securing the Summary Judgment in its favor.
As per the US SEC’s filing, the agency claims that neither the Bittner v. United States nor the bankruptcy plan confirmation order in Voyager Digital Holdings provides any basis to deny their motion for Summary Judgment. It added that neither of the decisions even include a fair notice defense.
The commission stated that the Supreme Court’s decision in the Bittner case has nothing to do with the fair notice defense the Ripple and Defendants are trying to invoke in order to defeat liability in the civil action.
(THIS IS A DEVELOPING STORY)
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